You are subjected to capital rationing and have an investment budget of $500,000. You have four good projects. Project A costs $300,000 to pursue and has NPV of $40,000, PI of 1.2, and IRR of 10%. Project B costs $350,000 to pursue and has NPV of $60,000, PI of 1.3, and IRR of 12%. Project C costs $200,000 and has NPV of $35,000, PI of 1.25, and IRR of 13%. Project D costs $150,000 and has NPV of $10,000, PI of 1.5, and IRR of 20%. Explain which projects you would pursue and why